(a)  If an individual who has entered into an agreement fails for sixty (60) days to make payments required by the agreement, a provider may terminate the agreement.

Terms Used In Rhode Island General Laws 19-14.8-26

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.

(b)  If a provider or an individual terminates an agreement, the provider shall immediately return to the individual:

(1)  Any money of the individual held in trust for the benefit of the individual; and

(2)  Sixty-five percent (65%) of any portion of the set-up fee received pursuant to § 19-14.8-23(d)(2) that has not been credited against settlement fees.

History of Section.
P.L. 2006, ch. 243, § 3; P.L. 2006, ch. 291, § 3.